Texas high school spends $60 million on new football stadium, feeds rivalry

Allen High School in Allen, Texas, built a $60 million stadium, complete with a high-definition video screen, a three-tier press box and a capacity of 18,000 seats that nearly matches the Staples Center.

The Los Angeles Times reported that Allen's neighboring school district in McKinney, Texas, plans to outdo the Eagles' stadium with a nearly $63 million facility -- what could be the nation's most expensive high school stadium. It will be outfitted with a 55-foot-wide, high-definition video screen, an artificial grass field, seating for 12,000 and an adjacent 500-seat event center.

"Oh, it's a rivalry," said Adam Blanchet, a junior at one of the three high schools in the McKinney Independent School District that will use the new stadium. "I have pride knowing my district is going to have the most expensive stadium in the country."

The median household income in McKinney is $83,000. School taxes for property owners amount to $1.63 per $100 of assessed valuation, the Times reported.

To read more on how McKinney is funding the stadium and what students have to say about it, click here.